SP's AirBuz - ISSUE No 06-18

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Issue Features

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    SPACE | VSS UNITY
    Unity, Welcome to Space
    By B.K. Pandey

    On December 13, Virgin Galactic scripted history with the success of the maiden space flight of VSS Unity that culminated in a safe landing, fulfilling a long awaited dream

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    INDUSTRY | BOEING FORCAST
    Boeing ups India forecast for commercial jet market but warns that low fares could kill industry
    By Vishal Thapar

    Boeing Forecasts demand for 2,300 new airplanes in India valued at $320 billion, over the next 20 years, which is up by 200 airplanes from their last year’s forecast. Exceptional domestic passenger traffic in double-digit over the last 51 consecutive months and rapidly expanding low-cost carriers (LCCs) drove up the demand.

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    INDUSTRY | BOEING FORCAST
    “Despite the challenges, I am very bullish on the MRO market”
    By Neetu Dhulia

    Jayant Baranwal, Editor-in-Chief, SP’s AirBuz, speaks to Dr Dinesh Keskar during the Boeing presentation on Current Market Outlook (CMO) in the capital.

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    INDUSTRY | FORECAST
    Cautious Optimism Extends into 2019
    By SP’s Correspondent

    Air travel has never been such a good deal for consumers as not only are fares staying low, the options for travellers are expanding

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    INDUSTRY | ANALYSIS
    IATA’s 2019 Global Forecast is Optimistic — So Why Aren’t Indian Airlines Profitable?
    By Byron Bohlman

    Unless and until airlines can edge ticket prices upward, India’s turbulent airline industry is likely to fly into even stormier weather

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    BUSINESS AVIATION | CONNECTIVITY
    Connectivity on Business Aviation Aircraft
    By B.K. Pandey

    Availability of internet connectivity while flying in a business aviation aircraft, opens up the aircraft cabin to an increasingly high level of activity related to the business domain of the company.

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    BUSINESS AVIATION | AIRCRAFT MANAGEMENT
    6 Reasons Why it Benefits All
    By Sudhir S. Rajeshirke

    An aircraft is a complicated asset to operate and maintain and requires a solid team of domain expert professionals to manage it.

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    SHOW REPORT | MEBAA 2018
    Leading the Way for Business Aviation

    The MEBAA Show is the foremost business aviation platform in the Middle East – assembling the industry’s leading organisations and most influential enthusiasts to drive the industry forward. Here’s alook at aircraft, which were on display this time...

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    SHOW REPORT | MEBAA CONFERENCE
    Facets of Business Aviation in Middle East
    By Neetu Dhulia, Reports from Dubai

    Bringing together Industry stalwarts, flag bearers and most influential corporate travellers to drive the industry forward, the MEBAA show is the foremost business aviation event in the Middle East.

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    ROUND UP 2018 | PHOTO FEATURE
    2018: A Mixed Bag

    2018 was an exciting and tumultuous year for aviation. AI and digitisation continued to make significant inroads introducing novel and

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    FINALLY
    Privatisation of Civil Airports in India
    By B.K. Pandey

    The complexities of the tendering process and innumerable bureaucratic impediments are not the only problems that have been militating against privatisation

  • NEWS BRIEFS | AIRLINE FINANCE
    Financial Revival of Indian Carriers

    Financially stressed Indian carriers want all airports and oil-marketing companies to grant them a month’s extra and unsecured credit to improve their liquidity and waive penalties for late payment.

  • NEWS BRIEFS | AIRLINE FINANCE
    Financial Results SpiceJet : Q2FY19

    SpiceJet, reported its second quarter results of the fiscal year 2018-19 (FY19) and much like the results of other listed airlines, it recorded loss for the quarter.

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    NEWS BRIEFS | AIRLINE FINANCE
    Second Quarter FY2018-19 Results of IndiGo

    In October 2018, IndiGo reported its second quarter results of the fiscal year 2018-2019 (Q2FY19). The result was a net loss of 652.1 crore and highlighted the challenges facing Indian aviation.

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    NEWS BRIEFS | AIRLINE NEWS
    Acquisition of Jet Airways by the Tatas -Advantages

    The Vistara–Jet Airways combination is expected to deepen its full-service roots and focus on capturing the premium travellers market.

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    NEWS BRIEFS | AIRLINE NEWS
    First Boeing 787-10 Dreamliner for United Airlines

    On November 5, 2018, United Airlines took delivery of its first Boeing 787-10 Dreamliner. With this, the airline became the first North American carrier to take possession of the 787-10, the newest and biggest variant of Boeing’s long-haul 787 wide body jet.

  • NEWS BRIEFS | INFRASTRUCTURE
    Bilaspur Airport Gets Commercial Flight Licence

    Residents of Bilaspur will now have air connectivity from their city as in the first week of December 2018, Bilaspur Airport has was granted the licence for operating commercial flights.

  • NEWS BRIEFS | INFRASTRUCTURE
    Increase in International Air Traffic at KIA

    Kempegowda International Airport (KIA) has planned an increase of 17 per cent international Air Traffic Movements (ATMs) over the coming winter schedule.

  • NEWS BRIEFS | INFRASTRUCTURE
    The New Istanbul Airport to be World’s Largest

    In the last week of October 2018, Recep Tayyip Erdogan, President of Turkey, unveiled Istanbul’s new international airport, which his government claims to be the world’s largest.

  • NEWS BRIEFS | INFRASTRUCTURE
    30 New Airports to Come Up in 15 Months

    30 new airports are likely to come up in the country in next 15 months. Prime Minister Narendra Modi recently inaugurated the country’s 100th airport at Pakyong in Sikkim.

  • NEWS BRIEFS | INFRASTRUCTURE
    Privatisation of Civil Airports in India

    On November 08, 2018, the Government of India accorded sanction to privatise six airports. The ones chosen for operation, management and development through a public-private partnership (PPP) model are Lucknow...

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    NEWS BRIEFS | INDUSTRY NEWS
    Jeju Air Signs Deal for 50 737 MAX

    Korean low cost carrier Jeju Air has placed an order for 40 Boeing 737 MAX 8 airplanes with options for 10 additional aircraft. The order that includes options, is valued at $5.9 billion at list prices.

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    NEWS BRIEFS | INDUSTRY NEWS
    Airbus ACJ320neo Completes Its First Flight

    On November 16, 2018, the first Airbus corporate jet, the ACJ320neo, has successfully completed its maiden flight at Finkenwerder, the plant of Airbus in Hamburg.

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    NEWS BRIEFS | INDUSTRY NEWS
    GE Retires Its Boeing 747-100 Flying Test Bed

    Engine manufacturer General Electric (GE) has completed the final flight of its original 747-100 flying test bed. The aircraft N747GE was the oldest active 747 in the world.

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    NEWS BRIEFS | INDUSTRY NEWS
    Maiden Flight Airbus A330-800

    In the first week of November 2018, Airbus successfully completed the first flight of its A330-800 aircraft. The aircraft MSN1888 took off from Toulouse-Blagnac airport at around 10.30AM and landed after about four hours.

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    NEWS BRIEFS | INDUSTRY NEWS
    Airbus A320neo Jets Cross 100 Mark in India

    The number of Airbus A320neo airliners in the country has crossed the 100 mark, including 50 with budget carrier IndiGo Airlines alone.

  • NEWS BRIEFS
    Appointments

    Michael Schöllhorn, 53, as Chief Operating Officer (COO) for Airbus Commercial Aircraft, effective February 1, 2019. Dominik Asam, 49, to succeed Harald Wilhelm, 52, as Chief Financial Officer (CFO) in April 2019.

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    A Word from Editor
    By B.K. Pandey, Editor

    As the year 2018 draws to an end, Alexandre de Juniac, Director General and Chief Executive Officer of the International Air Transport Association (IATA) expresses his optimism about the prospects for the global airline industry for the year ahead.